2020 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
Fleets have been overcoming unprecedented challenges to keep essential freight moving during the pandemic.
See the locations of the headquarters for each of the Top 100 for-hire carriers in North America.
COVID-19 has transformed 2020 into a tumultuous year for trucking, but the Top 100 list remains stable, at least for now.
Rankings
Rank Company Revenue (000)
1 FedEx Corp. 2,050,717
2 10 Roads Express 390,445
3 Salmon Cos. 341,073
4 Postal Fleet Services 248,967
5 UPS Inc. 211,211
6 United Airlines 177,324
7 Kalitta Air 170,893
8 Evo Transportation & Energy Services 164,890
9 Matheson Trucking 143,339
10 Southern Mail Service 114,719
11 Midwest Transport 114,320
12 American Airlines 84,891
13 Delta Air Lines 82,789
14 Bancroft and Sons Transportation 80,703
15 Alan Ritchey Inc. 71,967
16 Northern Aviation Services 59,528
17 Davenport Transportation 51,584
18 Tracie McCormick Inc. 49,873
19 Beco Inc. 49,799
20 Alaska Air Group 49,149
21 B&B Trucking 48,525
22 AJR Trucking 41,995
23 Alaska Central Express 41,505
24 McCormick Trucking 38,025
25 Sodrel Truck Lines 37,858
26 XPO 36,388
27 Metro Air Service 33,181
28 Everts Air Alaska 31,787
Extras
If your company appears in the 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
104

On the Bubble

Cassens Transport Co. ($251 million), is a motor vehicle hauling carrier based in Edwardsville, Ill.
Learn more about Transport Topics' Top 100 For-Hire Companies publication.
COVID-19 has created significant financial challenges for many trucking and logistics companies.
Fleets are emphasizing cleaning and physical distancing at loading docks to help protect drivers from COVID-19.
Drivers have been more isolated than usual during the pandemic due to social distancing measures.
Market uncertainty due to COVID-19 has depressed demand for new trucking equipment.
Small trucking companies such as Boyle Transportation are playing a direct role in the response to COVID-19.
Industry experts explain how this public health crisis might change freight transportation in the years ahead.
For-Hire News
Business, Technology, Equipment, Fuel, For-Hire, Private

Last-Mile Focuses on Sustainable Shipping

The trucking industry has increased its focus on sustainability this year, mostly geared toward last-mile operations.

December 8, 2022
Business, Logistics, For-Hire

Daseke Founder Sells Shares Amid Board Retirement

Daseke Inc. founder Don Daseke will sell his holdings in the company and step down from its board of directors, the company announced Nov. 14.

Connor D. Wolf | Staff Reporter
November 15, 2022
Business, Equipment, Fuel, Logistics, For-Hire

J.B. Hunt Plans Carbon Emission Intensity Reduction of 32% by 2034

J.B. Hunt Transport Services Inc. set a new goal to reduce its carbon emission intensity 32% by 2034, the company announced Nov. 14.

November 14, 2022
Business, Equipment, Logistics, For-Hire, Global Freight

FedEx Freight Unit Furloughs Workers as Cargo Demand Slows

FedEx Corp.’s freight unit is putting workers on furlough in some U.S. markets, adding to mounting evidence of a cargo slowdown as the company joins other large employers trimming their ranks.

Thomas Black | Bloomberg News
November 14, 2022
Business, Logistics, For-Hire

GXO Reports Higher Revenue, Lower Earnings for Q3

GXO Logistics Inc. reported revenue growth and a decline in earnings in its third-quarter report released Nov. 8.

Connor D. Wolf | Staff Reporter
November 10, 2022
Business, Logistics, For-Hire

Werner Reports Revenue Increase for Q3

Werner Enterprises saw revenue rise but income decline during the third quarter of 2022, the company reported Nov. 2.

Connor D. Wolf | Staff Reporter
November 3, 2022
Business, Technology, Equipment, For-Hire

XPO Spinoff RXO Officially Launches

XPO Logistics Inc. turned its tech-enabled brokered transportation platform, RXO, into an independent, publicly traded company Nov. 1.

Connor D. Wolf | Staff Reporter
November 1, 2022
Business, Logistics, For-Hire

Landstar Reports Highest Revenue for Any Q3

Landstar System Inc.’s revenue and diluted earnings per share both set third-quarter records, the company reported Oct. 19.

October 20, 2022
Business, Logistics, For-Hire

J.B. Hunt Reports $3.84 Billion in Revenue for Q3

J.B. Hunt Transport Services Inc. saw revenue and earnings increase as a result of strong segment growth during the third quarter, the company reported Oct. 18, besting analysts’ expectations.

Connor D. Wolf | Staff Reporter
October 19, 2022
Business, Logistics, For-Hire

Marten Reports 15th Consecutive Increase in Quarterly Profitability

Marten Transport reported its 15th consecutive year-over-year increase in quarterly profitability Oct. 17, but still the results missed analysts’ expectations.

Connor D. Wolf | Staff Reporter
October 18, 2022
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